Answer to Question #153185 in Computer Networks for Sandra

Question

In a small shop of your quarter, the shopkeeper has two record books; one for his daily sales and the other for his debtors and creditors. He adds up sales per day to know how much money he has made for that day. He equally adds up amounts loaned to him and borrowed out (in articles) to know how much he owes and how much he is owed respectively. He also subtracts money loaned to him from money owed him to know his debt balance. In the end, he adds the balance to his sales to know his business state of account. That is whether he runs on surplus or deficit.

a.) Has this shop got an information system? Explain. Give the type of information system in the case of a yes.

Answer 1

Yes they have an information system. The shop has a management information system. This is because the shopkeeper collects daily transaction data analyzes it and this helps him/her to always know the financial position of the business. The shopkeeper can also use this data to make day to day decisions of the shop.